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neural responses to the pertinent prospects when they are not engaged in actual decision making. The ability to make such …
Persistent link: https://www.econbiz.de/10012459390
observable exogenous causes. We explore an alternative approach that generates predictions based on relationships across decision … experiment, we find that this method yields accurate estimates of price sensitivities for a collection of products under …
Persistent link: https://www.econbiz.de/10012459391
We study experimentally when, why, and how people intervene in others’ choices. Choice Architects (CAs) construct opportunity sets containing bundles of time-indexed payments for Choosers. CAs frequently prevent impatient choices despite opportunities to provide advice, believing Choosers...
Persistent link: https://www.econbiz.de/10012052868
"the will of the people." In an experiment, we elicit revealed attitudes toward ordinal preference aggregation and classify …
Persistent link: https://www.econbiz.de/10012658023
Belief elicitation is central to inference on economic decision making. The recently introduced Binarized Scoring Rule …
Persistent link: https://www.econbiz.de/10012842970
experiment, face-to-face communication with a randomly assigned peer significantly improves the quality of private decisions … transmits financial decision-making skills most effectively when peers are equally uninformed, rather than when an informed … decision maker teaches an uninformed peer. Qualitative analysis of subjects' discussions supports this interpretation. The …
Persistent link: https://www.econbiz.de/10012480687
versus equal outcomes). In a laboratory experiment, the most common behavioral pattern is for subjects to select the ex ante …
Persistent link: https://www.econbiz.de/10012480908
Belief elicitation is central to inference on economic decision making. The recently introduced Binarized Scoring Rule …
Persistent link: https://www.econbiz.de/10012481521
experiment perform a real task under a non-competitive piece rate and a competitive tournament scheme. Although there are no … decision. Furthermore, while men are more optimistic about their relative performance, differences in beliefs only explain a …
Persistent link: https://www.econbiz.de/10012467205
for women to "lean-in." We use a laboratory experiment to examine the effect of leaning-in. Despite men and women …
Persistent link: https://www.econbiz.de/10012455719